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April 16, 2024 - Today, Nagarro, a global digital engineering leader, presented its audited financial numbers for 2023 and its Annual Report for 2023.
Key Points:
- April 16, 2024 - Today, Nagarro, a global digital engineering leader, presented its audited financial numbers for 2023 and its Annual Report for 2023.
- Revenue grew to €912.1 million in 2023, up from €856.3 million in 2022, a YoY growth of 6.5%.
- The constant currency growth in annual revenue was 9.4%.
- The number of clients doing more than €1 million in annual revenue with Nagarro - an important internal indicator of growth potential - rose from 159 in 2022 to 181 in 2023.
Unternehmen,
Digital,
Engineering,
Umsatz,
Wachstum,
Profit,
Lauf,
Margin,
Prognose,
Anzahl,
Kunden,
Indikator,
Cashflow,
Vergleich,
Rahmen,
Information,
News,
Service,
Gruppe,
Meldepflicht
MUNICH, April 16, 2024 /PRNewswire/ -- Today, Nagarro, a global digital engineering leader, presented its audited financial numbers for 2023 and its Annual Report for 2023.
Key Points:
- MUNICH, April 16, 2024 /PRNewswire/ -- Today, Nagarro, a global digital engineering leader, presented its audited financial numbers for 2023 and its Annual Report for 2023.
- Revenue grew to €912.1 million in 2023, up from €856.3 million in 2022, a YoY growth of 6.5%.
- The constant currency growth in annual revenue was 9.4%.
- The number of clients doing more than €1 million in annual revenue with Nagarro — an important internal indicator of growth potential — rose from 159 in 2022 to 181 in 2023.
MUNICH, April 16, 2024 /PRNewswire/ -- Today, Nagarro, a global digital engineering leader, presented its audited financial numbers for 2023 and its Annual Report for 2023.
Key Points:
- MUNICH, April 16, 2024 /PRNewswire/ -- Today, Nagarro, a global digital engineering leader, presented its audited financial numbers for 2023 and its Annual Report for 2023.
- Revenue grew to €912.1 million in 2023, up from €856.3 million in 2022, a YoY growth of 6.5%.
- The constant currency growth in annual revenue was 9.4%.
- The number of clients doing more than €1 million in annual revenue with Nagarro — an important internal indicator of growth potential — rose from 159 in 2022 to 181 in 2023.
Software,
Data Analytics,
Consulting,
Artificial Intelligence,
Data Management,
Accounting,
Professional Services,
Technology,
Automation,
Organization,
PDF,
Vantage,
IDP,
Application,
SAP S/4HANA,
SAP,
IDC,
Human,
Application development ABBYY, a leader in purpose-built AI for intelligent automation, today announced that Nagarro improved its invoice processing lifecycle by deploying ABBYY Vantage into its global SAP unit’s Invoice Scanner for SAP S/4HANA®.
Key Points:
- ABBYY, a leader in purpose-built AI for intelligent automation, today announced that Nagarro improved its invoice processing lifecycle by deploying ABBYY Vantage into its global SAP unit’s Invoice Scanner for SAP S/4HANA®.
- Nagarro is now able to provide customers more visibility into the amount of money saved using Invoice Scanner over manual methods while reducing invoice processing times by 60% and increasing accuracy.
- ABBYY Vantage is an industry-leading intelligent document processing platform (IDP) that uses AI to automatically read and understand documents like humans and was a driving factor in enabling Nagarro to realize significant operational enhancements.
- Faced with the challenges of manual invoice handling, Nagarro needed an intelligent automation solution that could process thousands of invoices annually for its global invoice processing management system spanning 36 countries.
Retrieved on:
Wednesday, March 13, 2024
Revenue grew to €912.0 million in 2023 against guidance of €915 million and up from €856.3 million in 2022, a YoY growth of 6.5%.
Key Points:
- Revenue grew to €912.0 million in 2023 against guidance of €915 million and up from €856.3 million in 2022, a YoY growth of 6.5%.
- Gross profit and Adjusted EBITDA were affected by excess capacity throughout the year because of the moderation in growth.
- Gross margin was 25.8% in 2023 against the guidance of 26%, and down from 28.9% in 2022.
- Adjusted EBITDA margin was 13.8% in 2023 against guidance of 13% and down from 17.3% in 2022.
Retrieved on:
Wednesday, March 13, 2024
Revenue grew to €912.0 million in 2023 against guidance of €915 million and up from €856.3 million in 2022, a YoY growth of 6.5%.
Key Points:
- Revenue grew to €912.0 million in 2023 against guidance of €915 million and up from €856.3 million in 2022, a YoY growth of 6.5%.
- Gross profit and Adjusted EBITDA were affected by excess capacity throughout the year because of the moderation in growth.
- Gross margin was 25.8% in 2023 against the guidance of 26%, and down from 28.9% in 2022.
- Adjusted EBITDA margin was 13.8% in 2023 against guidance of 13% and down from 17.3% in 2022.
Retrieved on:
Wednesday, March 13, 2024
Umsatz,
Wechselkurs,
Margin,
Hinweis,
Dokument,
Key-Performance-Indicator,
Rechnungslegungsstandard,
Kennzahl,
Unternehmen,
Branche,
Detail,
Aussage,
Erwartung,
Annahme,
Entwicklung,
Ergebnis
Retrieved on:
Wednesday, March 13, 2024
Munich, February 20, 2024 – Nagarro expects the FY 2024 revenue to be in the region of one billion Euros.
Key Points:
- Munich, February 20, 2024 – Nagarro expects the FY 2024 revenue to be in the region of one billion Euros.
- The estimates for gross margin and Adjusted EBITDA margin in 2024 are 27% and 14%, respectively.
- Gross margin and Adjusted EBITDA margin are alternative performance measures that are not defined in accordance with international accounting standards.
- Nagarro uses such measures to enable better comparability of the business over time and within the industry.
Retrieved on:
Wednesday, March 13, 2024
March 13, 2024 - Nagarro, a global digital engineering leader, today announced its preliminary unaudited financial numbers for its full year ended December 31, 2023.
Key Points:
- March 13, 2024 - Nagarro, a global digital engineering leader, today announced its preliminary unaudited financial numbers for its full year ended December 31, 2023.
- Revenue grew to €912.0 million in 2023 against the guidance of €915 million and up from €856.3 million in 2022, a YoY growth of 6.5%.
- Gross profit and Adjusted EBITDA were affected by excess capacity throughout the year because of the moderation in growth.
- Gross profit was €235.5 million in 2023, down from €247.1 million in 2022.